Silver price (XAG/USD) plummeted to near $29.00 in Friday’s American session.
Silver price plummets to near $29.00 on absence of big boost economic measures from China. Higher US Dollar due to expectations of Trump’s victory in US presidential elections has weighed on the Silver price. Silver price plunges after a decisive break below advancing trendline. Silver price plummeted to near $29.00 in Friday’s American session.
Silver daily chart Silver FAQs Why do people invest in Silver? Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods.
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